# Sunil Jakhar Thanks Prime Minister Narendra Modi For 64% Increase In Subsidy On Phosphatic And Potassic Fertilisers

> The Indian Cabinet approved rabi-season subsidy rates for phosphatic and potassic fertilisers, with an estimated outlay of ₹62,370 crore, up 64%. The government is keeping the price of a DAP bag at ₹1,350 despite higher global prices, and a separate subsidy applies to urea.

- Date: 2026-11-14 · published 2026-11-14T15:10:48.078Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/99579-sunil-jakhar-thanks-prime-minister-narendra-modi-for-64-increase-in-subsidy-on
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

A larger subsidy keeps domestic DAP prices capped below import parity, which supports Indian demand and import volumes while limiting the pass-through of higher global phosphate prices to farmers.

## Read by commodity

- DAP: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2021-05-20 | [CCEA approves increased prices for Phosphatic and Potassic (P&K) fertilizers vide notification dated 20.5.2021 to be rolled over for the whole year 2021-22](https://feedsoft.ai/events/47024-ccea-approves-increased-prices-for-phosphatic-and-potassic-p-and-k-fertilizers.md) | +0.5% | +4.2% |
| DAP | 2024-11-01 | [Fertilizer subsidy payout declines in April-September  - The HinduBusinessLine](https://feedsoft.ai/events/5408-fertilizer-subsidy-payout-declines-in-april-september-the-hindubusinessline.md) | 0.0% | -0.9% |
| DAP | 2023-04-18 | [Why stabilising the fertiliser market matters for Europe’s food industry](https://feedsoft.ai/events/36741-why-stabilising-the-fertiliser-market-matters-for-europe-s-food-industry.md) | 0.0% | -10.3% |
| DAP | 2020-03-20 | [Vietnam extends safeguard actions on imports of phosphorus fertilizers](https://feedsoft.ai/events/54079-vietnam-extends-safeguard-actions-on-imports-of-phosphorus-fertilizers.md) | -0.4% | +1.8% |
| DAP | 2021-04-09 | [Govt asks companies not to hike non-urea fertilizer prices, look for alternative to expensive raw materials - Times of India](https://feedsoft.ai/events/47934-govt-asks-companies-not-to-hike-non-urea-fertilizer-prices-look-for-alternative.md) | +0.2% | +6.7% |

## Sources

- jagratilahar.com: https://jagratilahar.com/english/politics/140432/Sunil-Jakhar-Thanks-Prime-Minister-Narendra-Modi-For-64-Increase-In-Subsidy-On-Phosphatic-And-Potassic-Fertilisers

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.